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Federal Bank
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Federal Bank Receives HR Excellence Awards From CII and Banking Frontiers Magazine

Dec 08, 2014   16:53 IST 
Mumbai, Maharashtra, India

Federal Bank is bestowed upon twin recognitions for HR Excellence on December 5th.  The Bank was  honoured for its “Strong Commitment to HR Excellence” at the 5th CII National HR Excellence Confluence held  at  Hotel Lalit, New Delhi.  Smt. Smriti Irani, Minister of HRD, Government of India was the Chief Guest of the function.  


On the same day, in an inspiring function held at Mumbai, the HR Head of Federal Bank was conferred upon the “Best HR Practices & Star Practitioner Award” by Banking Frontiers Magazine. It is the ‘innovative HR practices brought in and the efforts made by the bank to create a secure and conducive environment for individual and team growth amidst a challenging environment’ that qualified the bank for these recognitions.  The bank has won a host of awards this year already for its excellence in HRM.


About Federal Bank:

Federal Bank is a leading Private Sector Bank with a branch network of 1219 branches and 1,466 ATMs spread across the country. The Bank’s total business mix (deposits + advances) stands at  Rs 1.03  Lakh  Crore as at March 31, 2014and it has earned a net profit of Rs 838.89 Crore.  Its Capital to Risk weighted Ratio (CRAR) stood at 15.14% at the end ofMarch 31.  Federal Bank has its Representative Office at Abu Dhabi that serves as a nerve centre for NRI customers in the UAE. Federal Bank is transforming itself, keeping its principles intact, into an organization that offers services beyond par. It has a well defined vision for the future as a guidepost to its progress.


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